Date: 4 months ago   Category: Energy

The net profit of TGC-14 according to IFRS in the I half-year has grown by 13 times — Rambler News Service


The energy company TGC-14 has got in January-June, 2018 the net profit according to the International Financial Reporting Standards (IFRS) falling on shareholders of 112,694 million rubles that is 13,2 times more, than for the same period the previous year, follows from the reporting of the company. The previous year the indicator was 8,534 million rubles. The revenue of the company has made 6,745 billion rubles that for 1,8% exceeds an indicator for the same period of last year. Operating profit of TGC-14 has grown by 1,5 times — to 233,546 million rubles. Profit before the taxation has made 140,611 million rubles against 11,431 million rubles in January-June, 2017 (growth by 12,3 times). The territorial generating company No. 14 is engaged in production and sale of thermal and electric energy in Zabaykalsky Krai and Buryatia. Seven combined heat and power plants, two power complexes with the established electric power of 649,57 MW and with a thermal power of 3,121 thousand Gcal/hour are a part of TGC-14.

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